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plan to capitol hill today. >> i'm very open to a fair and balanced approach to reduce our defic deficit. >> reporter: republicans want to know does that approach include the government spending less money. >> we put revenue on the table as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats, executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in negotiation like this and everybody was purporting to be where they are, i would say that an agreement is reachable. >> i'm hopeful but i wouldn't put me anywhere near optimistic. >> reporter: one conservative republican is suggesting while negotiations continue on whether the wealthy should pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people and i think we ought to go ahead and make that abundantly clear to anybody and take them out of the negotiation. >> reporter: bottom line, no de
plan to capitol hill today. >> i'm very open to a fair and balanced approach to reduce our defic deficit. >> reporter: republicans want to know does that approach include the government spending less money. >> we put revenue on the table as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats, executives from big companies heard the plan wednesday at the white house. at least...
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Nov 29, 2012
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to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful but don't put me down anywhere near optimistic. >> reporter: one conservative republican is now suggesting while negotiations continue on whether the wealthy should pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people. i think we ought to go ahead and make that abundantly clear to everybody and take them out of the negotiations. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signaling that they're willing to give up something to get
to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting...
problems because the deficit problems are endemic. the start of the federal government.
SFGTV: San Francisco Government Television
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Nov 30, 2012
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problems because the deficit problems are endemic. the start of the federal government. it starts with a policy of war. does not come from cabdrivers. what you are doing would have little effect of the budget robin; it will have a devastating effect on those people. i know this will not have no effect on director heinicke, but i will hope that the rest of you will take about this change your mind about what you have already decided to do. thank you very much. [indiscernible] >> hi i am barry [indiscernible] i don't have a whole lot to say because i have already been saying it, and people have been saying the same thing. cabdrivers are some of the lowest paid people here; they may have busy nights, the ones who work the good shifts might make some money but the others have to work this slow shifts; they make around 25,000 here, they stay in the business hoping to get a medallion, and what you guys are doing is taking the money that a career cabdrivers look forward to, they don't get any benefits, they don't get employee protection, the
problems because the deficit problems are endemic. the start of the federal government. it starts with a policy of war. does not come from cabdrivers. what you are doing would have little effect of the budget robin; it will have a devastating effect on those people. i know this will not have no effect on director heinicke, but i will hope that the rest of you will take about this change your mind about what you have already decided to do. thank you very much. [indiscernible] >> hi i am...
SFGTV: San Francisco Government Television
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Dec 4, 2012
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we have not received a deficit forecast for the next fiscal year. i think that's probably coming soon. can you just give an update on that because there was a reference before to having a better budget picture. so i'd like to get some specifics on that. >> through the chair, supervisor wiener, kate howard, mayor's budget director. you're right, we haven't issued budget directions or -- we haven't projected a deficit. that will be coming next week. i can say that the outlook has improved since last year, but we still will be projecting significant deficits in the first year and in the second year. for a variety of reasons, including things like, you know, the new san francisco general hospital, changes with federal healthcare reform, funding our capital plan, all those sorts of choices. but it will be -- i will be going out with budget going out with budget instructions with significant departments to make reductions. >> supervisor wiener: thank you. i ask that question because even though this is a -- in terms of appropriation, even though this is j
we have not received a deficit forecast for the next fiscal year. i think that's probably coming soon. can you just give an update on that because there was a reference before to having a better budget picture. so i'd like to get some specifics on that. >> through the chair, supervisor wiener, kate howard, mayor's budget director. you're right, we haven't issued budget directions or -- we haven't projected a deficit. that will be coming next week. i can say that the outlook has improved...
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Nov 30, 2012
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as part of his plan to patch a then $25 billion budget deficit, brown proposed dissolving redevelopment agencies in 2011. now, remember this date. january 10th, 2011. that's when brown unveiled the legislation. ab 1 x 26. sounds futuristic, doesn't it? the state is starting in 2011 redevelople agencies, quote, shall be unauthorized and shall not take certain actions that include the ability to pledge or encumber for any purpose any of its assets or revenues. closed quote. now fast forward six months. the governor signs the bill into law, applying it retroactively to january 1. but here's what happens in between. cities throughout california including santa clara scramble to shift all of the land and property assets that were under the redevelopment agency's name into the city's name. in santa clara, this includes real estate like the convention center and the 100 acres underneath great america. property originally purchased by the taxpayers of santa clara but later moved to the redevelopment agency in the '80s. because the recent mad transfer of property ensued after january 1. the stat
as part of his plan to patch a then $25 billion budget deficit, brown proposed dissolving redevelopment agencies in 2011. now, remember this date. january 10th, 2011. that's when brown unveiled the legislation. ab 1 x 26. sounds futuristic, doesn't it? the state is starting in 2011 redevelople agencies, quote, shall be unauthorized and shall not take certain actions that include the ability to pledge or encumber for any purpose any of its assets or revenues. closed quote. now fast forward six...
SFGTV2: San Francisco Government Television
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Dec 5, 2012
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this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time budgeting tricks that allow us to balance the budget that do not exist this year. in past years, we've received federal stimulus money. we received more monies from the state government. last year our labor unions decided to contribute a quarter of a billion dollars to help balance last year's and this year's budget. those are things we do not have the ability to avail ourselves of us we balance the upcoming budget in a few months. we are faced with far fewer options. i think we are going to have to continue to look at very deep and difficult cuts. our priorities have to be insuring and protecting the most basic city services and helping to ensure that we have services to the most vulnerable during this great recession. >> what about the city's housing needs? what should the board due to address those needs? >> we are a city that is seventh by 7 miles. we have incredible density. we're the densest neighborhoods
this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time budgeting tricks that allow us to balance the budget that do not exist this year. in past years, we've received federal stimulus money. we received more monies from the state government. last year our labor unions decided to contribute a quarter of a billion dollars to help balance last year's and this year's budget. those are things we do not have the...
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Dec 1, 2012
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then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set. i got a chance to meet some of the folks who have been working around the clock to
then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to...
SFGTV: San Francisco Government Television
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Dec 7, 2012
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but as you know over the last five years the city has also experienceexperienced deficits. because of that we begun to pull on something that is known as the prop h trigger which is when we project 100 million in give to the school district. over the last five years, we have pulled 74 million from our school district.8srz now, last year, when we pulled the trigger again, i think that many of us saw that we had -- we were expectingynnj= another structural deficit as we've seen in the years before. but as we got closer to the night of june 30, i started to see actually that our budget had grown in a positive direction. and i was concerned that, as the states continue to cut our schools that we weren't able to backfill those cuts. i wanted everyone to understand where this supplemental is coming from. it came from what i was seeing wanting to give a small piece back. unexpectedly the school was cut from its after school funding source which is our 21st century funding source. it had been a late cutaupz; so e school district had not prepared to backfill it in their budget proc
but as you know over the last five years the city has also experienceexperienced deficits. because of that we begun to pull on something that is known as the prop h trigger which is when we project 100 million in give to the school district. over the last five years, we have pulled 74 million from our school district.8srz now, last year, when we pulled the trigger again, i think that many of us saw that we had -- we were expectingynnj= another structural deficit as we've seen in the years...
SFGTV: San Francisco Government Television
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Nov 30, 2012
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unfortunate but it does pit youth services and youth programs against this multi-million dollar financial deficit that muni has been experiencing for many years and that's not necessarily fair and is based on an erroneous dichotomy, the case what ed risken was saying. we hope you can keep and open mind and invest in our youth by supporting this program. thank you. you. next speaker. i have a few more cards. i'm going to call them so i've called through all the cards. carl noe, jarron brown, paul slade, walter brown, amelia, and peter louderborn. those are the cards i have. thank you. >> good morning, government and audit oversight committee. waller james, here representing the central city srojp collaborative and all the sro collaboratives around the city and also power, and also mainly the youth. i just have a couple of points that i want to make and just give you guys a small personal story. i remember back in the day like in the 90's, living with my sister, or just being expose to do like children that are in the ghetto, different areas that might not have too much guidance, you wonders why t
unfortunate but it does pit youth services and youth programs against this multi-million dollar financial deficit that muni has been experiencing for many years and that's not necessarily fair and is based on an erroneous dichotomy, the case what ed risken was saying. we hope you can keep and open mind and invest in our youth by supporting this program. thank you. you. next speaker. i have a few more cards. i'm going to call them so i've called through all the cards. carl noe, jarron brown,...
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Nov 29, 2012
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. >> i am very open to a fair and balanced approach to reduce our deficit. >> we put revenue on the table as long as it's accompanied by serious spending cuts. >> the fiscal cliff is a series of tax increases and spending cuts that kicks in at the end of the year if congress doesn't act. at issue, how to get people that earn more than $250,000 a year to contribute more either by raising taxes or cutting their deductions. for more, we're joined this morning by tracie potts live in washington, d.c. good morning, tracie, first of all. now, the white house is bringing the president's plan to capitol hill during a series of meetings. who are the major players here? >> first of all, tim geithner and rob neighbors are the two big negotiators coming here. they're meeting with nancy pelosi and john boehner, mitch mcconnell and harry reid to really sort of sit down and present that plan. >>> let's talk about the president's plan and what it calls for. republicans receptive to it? >> reporter: well, they're receptive to the idea of it. we haven't seen details. what republicans are saying is we welco
. >> i am very open to a fair and balanced approach to reduce our deficit. >> we put revenue on the table as long as it's accompanied by serious spending cuts. >> the fiscal cliff is a series of tax increases and spending cuts that kicks in at the end of the year if congress doesn't act. at issue, how to get people that earn more than $250,000 a year to contribute more either by raising taxes or cutting their deductions. for more, we're joined this morning by tracie potts live...
SFGTV: San Francisco Government Television
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Nov 29, 2012
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my skepticism is based on the funding needs and deficit and my belief that the funding will come from muni operating money. worry now seeing that's the case, that muni is considering using some of this maintenance money for the free muni program rather than to invest in the system, purchase vehicles, rehabilitate vehicles, and over-wise make the system more reliable. once a free muni pilot program ends there will be enormous pressure to extend the program and that pressure almost certainly will include using more funding using to improve muni's reliant. >> vice president elsbernd: i need to interrupt. we have a overflow room that is open across the the hall in the board chambers. these first two items on muni's performance will take a good 45 minutes to at least an hour. there are folks who are standing, that are here to testify on these items. if you are not here for these items, but are on the other items, we would really appreciate it if you would let those, who are standing, whoer here to testify, have your seats. you can go in the other room. it's on tv. when this item is done yo
my skepticism is based on the funding needs and deficit and my belief that the funding will come from muni operating money. worry now seeing that's the case, that muni is considering using some of this maintenance money for the free muni program rather than to invest in the system, purchase vehicles, rehabilitate vehicles, and over-wise make the system more reliable. once a free muni pilot program ends there will be enormous pressure to extend the program and that pressure almost certainly will...
SFGTV2: San Francisco Government Television
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Dec 1, 2012
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at the state level, as we face this huge budget deficit as well to make sure there is flexibility in spending at the local level. but i absolutely think that we need revenue measures that come on the ballot, and voters have to be thinking about ensuring that we have enough revenue so that we maintain infrastructure, the building and maintenance of the streets and buildings and even a kind of parts of the coat -- coast. the need to make sure infrastructure is there and also that we have money that -- to protect the critical safety net for seniors and young children and families and the most vulnerable in our communities as well, but i think those are key questions as the difficult budget for our city comes forward. i will be working with a coalition of family-based and community-based groups and seniors to ensure we protect our community-based services for seniors. >> what are your ideas on dealing with the issue of homelessness? >> i think homelessness has been this structural problem, not just in our city but other metropolitan areas, and i think, at least at the short term level, w
at the state level, as we face this huge budget deficit as well to make sure there is flexibility in spending at the local level. but i absolutely think that we need revenue measures that come on the ballot, and voters have to be thinking about ensuring that we have enough revenue so that we maintain infrastructure, the building and maintenance of the streets and buildings and even a kind of parts of the coat -- coast. the need to make sure infrastructure is there and also that we have money...
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Dec 6, 2012
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increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of the legislature had repairs on those vehicles and repairs were made before lawmakers used them for their personal use. in any case the costs were thousands of dollars. >> only state in the country finally ended this program and they saw some abuse and they saw voters did not like the program and that it was a perk they could give up. >> starting this year, lawmakers are not issued any cars anymore instead they are. >> paid a moulin rate -- mileage rate for using their own vehicles. >>> now here is a look at items where they recently confiscated them from the burglary ring. investigators have arrested two brothers and a woman all in their 20s in connection with thefts. if your property is part of the cache look at the web link section. >>> according to a new census data, there were more than a 11 million immigrants living in the u.s. compared to 2007.
increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of the legislature had repairs on those vehicles and repairs were made before lawmakers used them for their personal use. in any case the costs were thousands of dollars. >> only state in the country finally ended this program and they saw...
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and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software giant joins a lift of companies moving dividends forward into the year to avoid a phone shall tax hike in january. and shares of pandora falling after the company says the loss will be wider than forecast. it wasn't all bad news, pan doora said sales rose 60% and profits rose 187%. stocks were little changed after the president held his ground about raising taxes to the highest income tern americans. your bloomberg silicon valley index closed qlor, apple, google and ebay dragging index down. disney and net flix reached an agreement giving subscribers first access to movies made by pixar, disney and marvel set to be released in to 16. this is the first time that a major studio bypassed traditional cable tv outlets. disney is the parent company of abc 7. at bloomberg studios in san francisco, i'm willow bay with bl
and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software giant joins a lift of companies moving dividends forward into the year to avoid a phone shall tax hike in january. and shares of pandora falling after the company says the loss will be wider than forecast. it wasn't all bad news, pan doora said...
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republicans counted with a 2.2 trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest. journalists 24%. top of the rankings, nurses, 84% of americans gave them the highest marks and of course meteorologists right behind that >> i was going to say even though it is not darn -- not a 100% science -- [ talking over each other ] >> 100% science that has accuracy, a little less -- okay stop digging. [ talking over each other ] >> they didn't rate meteorologists i wonder who is dragging who down? [ laughing ] >> touche. >>> good morning. here's a look at a dry picture from sutro tower across san francisco towards the east bay hills. live doppler, scattered sprinkles northwest corner sonoma county where we
republicans counted with a 2.2 trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest....
SFGTV: San Francisco Government Television
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Dec 4, 2012
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according to spur, we have a $is00 million -- 100 million annual operating deficit structure and the need will grow over time. we have a growing population and growing transit needs. we are supposedly a transit first city where we want people out of their cars. not only do we need to shore up what we have we need to expand service significantly. now, funding is not muni's only challenge. we need continued work reform, salary efficiencies, implementation of the transit effectiveness project, and mta is moving in a good direction in those areas. but muni's chronic severe underfunding is a key part of muni's challenges. we're at a crossroads in san francisco in terms of investing in our system, and to be frank, we're not meeting that challenge. and what i seen is that when it comes to any funding place, muni loses. it is not high on city hall's priority list for funding. and hundreds of thousands of people who rely on muni every day lose as a result. we see this in various ways, for example the free muni for youth debate is one example. the school district reduced its own transportation
according to spur, we have a $is00 million -- 100 million annual operating deficit structure and the need will grow over time. we have a growing population and growing transit needs. we are supposedly a transit first city where we want people out of their cars. not only do we need to shore up what we have we need to expand service significantly. now, funding is not muni's only challenge. we need continued work reform, salary efficiencies, implementation of the transit effectiveness project, and...
SFGTV: San Francisco Government Television
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Dec 6, 2012
12/12
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budget control act which threatened automatic spending cuts if congress failed to come up with a planned deficit reduction by 2013. these cuts are what we refer to as sequestration. this would mean an across the board cut of between 7% and 10% of all defense and non-defense federal spending irrespective of policy or its impact on everyday people. these cuts would be absolutely devastating to our national and local economies. our -- show that sequestration will reduce federal funding direct to san francisco by at least 26.5 million dollars a year, every single year. we would see over $5 million of cut to education, and almost $3 million of cuts from public housing. san francisco's allocation of medicare would be cut by $2 million. funding for the wic workforce program would lose almost $5 million. there would be a $1 million cut to housing services for people with hiv and aids and more than $1 million cut to the community development block grant program. ladies and gentlemen, this is our safety net. and our safety net's already strained by years of state cuts and it cannot sustain these additiona
budget control act which threatened automatic spending cuts if congress failed to come up with a planned deficit reduction by 2013. these cuts are what we refer to as sequestration. this would mean an across the board cut of between 7% and 10% of all defense and non-defense federal spending irrespective of policy or its impact on everyday people. these cuts would be absolutely devastating to our national and local economies. our -- show that sequestration will reduce federal funding direct to...
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Dec 4, 2012
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it's a ten-year framework that cuts the deficit by $2.2 trillion. it includes $600 billion in health care cuts-- mostly medicare and medicaid-- $300 billion in other mandatory spending and $300 billion in cuts to all other federal spending. by contrast, the president has proposed around $600 billion in cuts to all entitlements, including medicare and he'd reduce other federal spending by $100 billion a year. the president has also proposed spending $50 billion in new stimulus and republicans have refused to consider it. the biggest difference by far is in how to raise new revenues. republicans would raise $800 billion by reducing tax loopholes, not with a tax rate increase. the president would double new revenues to $1.6 trillion, with most of that coming from higher taxes on households making more than $250,000. the president and his negotiators have told republicans there won't be a fiscal cliff deal without that tax increase. the white house today dismissed that counteroffer as nothing new and urged republicans to "get serious about the fiscal cl
it's a ten-year framework that cuts the deficit by $2.2 trillion. it includes $600 billion in health care cuts-- mostly medicare and medicaid-- $300 billion in other mandatory spending and $300 billion in cuts to all other federal spending. by contrast, the president has proposed around $600 billion in cuts to all entitlements, including medicare and he'd reduce other federal spending by $100 billion a year. the president has also proposed spending $50 billion in new stimulus and republicans...
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Nov 29, 2012
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. >> reporter: also on the hill today with one laugh of the bipartisan team that offered a deficit reduction plan in 2010. >> i'm hopeful but don't put me down anywhere near in optimistic category. >> reporter: >> every week, he spends campaigning for his ideas is a week that we're not solving the problem. it's completely counterproductive. >> reporter: treasury secretary will be on the capitol hill. president obama travels to philadelphia friday to push for an extension of tax cuts for washington families. >> still today, really would. in renewed hopes about am the dows. the -- president obama plans to host this former rival. during this election, victory speech, um remember that the president said to look forward to talking with romney about how the two men can work together. >>> a lot of hopefuls in 42 states have less than an hour to get in on the record paul ball jackpot. injuries dreaming of the potential pay off. $550 million. that's more than half a billion dollars. now the odds of correctly matching the numbers are 1/175 million. california does not participate in the power ball lot
. >> reporter: also on the hill today with one laugh of the bipartisan team that offered a deficit reduction plan in 2010. >> i'm hopeful but don't put me down anywhere near in optimistic category. >> reporter: >> every week, he spends campaigning for his ideas is a week that we're not solving the problem. it's completely counterproductive. >> reporter: treasury secretary will be on the capitol hill. president obama travels to philadelphia friday to push for an...
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Dec 4, 2012
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KBCW
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. >>> the white house has booted the gop's new deficit reduction off the fiscal cliff. the 10-year plan promises to shave $2.2 trillion through a combination of entitlement cuts and tax reform measures. but house republicans still refuse to meet president obama's bottom line. letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california is still on hold tonight. the u.s. supreme court could have announced today whether they would review prop 8. instead the justices announced that they will wait until friday to discuss whether to take up the case. legal experts say the delay ruling means nothing. >> it's like we have so many cases on the docket. let's put this one off next week, no big deal. that's really what happened. it really isn't the dog that didn't bark, but it's the case that has not been resolved yet and we're still waiting. >> professor little says he expects if the court grants a review that we'll know by friday. but if
. >>> the white house has booted the gop's new deficit reduction off the fiscal cliff. the 10-year plan promises to shave $2.2 trillion through a combination of entitlement cuts and tax reform measures. but house republicans still refuse to meet president obama's bottom line. letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california...
SFGTV: San Francisco Government Television
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Dec 3, 2012
12/12
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budget control act which threatened automatic spending cuts if congress failed to come up with a planned deficit reduction by 2013. these cuts are what we refer to as sequestration. this would mean an across the board cut of between 7% and 10% of
budget control act which threatened automatic spending cuts if congress failed to come up with a planned deficit reduction by 2013. these cuts are what we refer to as sequestration. this would mean an across the board cut of between 7% and 10% of
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Dec 5, 2012
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. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim axle rod cbs news west new york new jersey. >> where in the world is john macafy. why he high tailed it to a luxury resort to try and clear his name. >>> plans to build a little dog, at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation, sensational rel
. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim...
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we have a deficit in that. we'll get it back thursday, friday, saturday, sunday. we are not going to be warm, highs in the 60s. next week dry with cold nights and sunny but chilly afternoons. that's the cbs 5 forecast. >> thank you. >>> should california's mental health workers be allowed to try to make gay teenagers straight? the federal ruling today on conversion therapy. >> i enjoy doing this. giving back to the communities and kids. >> how bay area prison inmates are helping spread holiday cheer. ,, well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv with a total home dvr included free for life. only $29 a month for six months. rethink possible. only $29 a month for six months. [ traffic passing ] ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullab
we have a deficit in that. we'll get it back thursday, friday, saturday, sunday. we are not going to be warm, highs in the 60s. next week dry with cold nights and sunny but chilly afternoons. that's the cbs 5 forecast. >> thank you. >>> should california's mental health workers be allowed to try to make gay teenagers straight? the federal ruling today on conversion therapy. >> i enjoy doing this. giving back to the communities and kids. >> how bay area prison inmates...
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Dec 5, 2012
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. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim axle rod cbs news west new york new jersey. >> where in the world is john macafy. why he high tailed it to a luxury resort to try and clear his name. >>> plans to build a little dog park turned into an epic fight in one bay area city. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. fire. and in this case, bushels of pot, as well. a two-alarm house fire in te haight led police to a s
. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim...
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. >> on wall street today, stock prices fell on concern the deficit deadlock here is hurting the economy. dow jones lost nearly 60 points. nasdaq slid eight points and s and p 500 lost about seven today. >> republicans in california are worried about the possibility of taxes going up because there aren't enough of them in sacramento to block it. lawmakers ushered in a new era today at the capitol. and nannette mirror rand wra reports democrats now hold all of the power. >> please raise your right hands, repeat after me. >> it begins with a reshaped legislature. giving them authorities to raise tax was out republicans and still, newly appointed assembly speaker vows to listen to the g.o.p.. >> finding the right solutions to the challenges facing our state is not the task of one party or house. >> already, though, democrats introduced a amendment eastbound making changes to proposition 13, limiting how property taxes are sesd and requires a two thirds vote for any new taxes. asking voters to allow local communities to raise parcel taxes for school was just 55% of the vote. >> allowing the
. >> on wall street today, stock prices fell on concern the deficit deadlock here is hurting the economy. dow jones lost nearly 60 points. nasdaq slid eight points and s and p 500 lost about seven today. >> republicans in california are worried about the possibility of taxes going up because there aren't enough of them in sacramento to block it. lawmakers ushered in a new era today at the capitol. and nannette mirror rand wra reports democrats now hold all of the power. >>...
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Dec 4, 2012
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they say their plan would cut $2 .2 trillion from the federal deficit over 10 years. but $600 billion in healthcare cuts, $300 billion in cuts to mandatory spending, and another $300 billion in cuts to other federal spending. the biggest difference between the republican plan and the president's remains taxes and how the government can generate more revenue to pay down the debt. >> rates have to rise on the top 2%. there's no other way to do it. >> reporter: president obama says his plan will raise taxes on the rich bringing in 1.6 trillion. republicans want to close tax loopholes and eliminate deductions to raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to certain people struggling to keep their homes. >> plus the white hous
they say their plan would cut $2 .2 trillion from the federal deficit over 10 years. but $600 billion in healthcare cuts, $300 billion in cuts to mandatory spending, and another $300 billion in cuts to other federal spending. the biggest difference between the republican plan and the president's remains taxes and how the government can generate more revenue to pay down the debt. >> rates have to rise on the top 2%. there's no other way to do it. >> reporter: president obama says his...
SFGTV: San Francisco Government Television
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Dec 4, 2012
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so there will be deficits that we'll be facing, in the coming years. we talked about the mandated cost block[u&,9- getting some additional dollars from that. and then the budget projections were bleak. they continue to be bleak. so once again, we're not -- we're still in a position where we'll be cutting and modifying and adjusting for next year. giving. >> who's first? commissioner wynns. >> commissioner wynns: i just mandated cost block grant be distributed to all the board members and hopefully at some time in the future we could have a discussion about that, because how this is going to work, this is another new change to the funding structure. it would be good for us all to know before we do the budget next year, to understand that better, i think. thank you. >> can i just encourage, if you haven't received this, mr. lee, all of the board members we asked for your input on what you'd like to hear. coming up we'd like to do our budget committee earlier rather than later knowing there are additional cuts we have to focus on and to set our priorities
so there will be deficits that we'll be facing, in the coming years. we talked about the mandated cost block[u&,9- getting some additional dollars from that. and then the budget projections were bleak. they continue to be bleak. so once again, we're not -- we're still in a position where we'll be cutting and modifying and adjusting for next year. giving. >> who's first? commissioner wynns. >> commissioner wynns: i just mandated cost block grant be distributed to all the board...
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Nov 29, 2012
11/12
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congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon,,,,,,,,,,,,,, every time someone chooses finish over cascade, it sparks a movement. look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish, they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over
congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull...
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congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in los gatos. kiet do shows us just how quickly they struck. >> reporter: for employees at this fine jeweler's, the surveillance video captured the longest 75 se
congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull...
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los domingos, para que de esta forma la ciudad recaude casi dos millones de dolares para cerrar su deficit presupuestal.. . top vo blanca ---encontrar un lugar para estacionarse podria ser mas facil en la peninsula gracias a una aplicacion disponible para telefonos inteligentes. ---las ciudades de san mateo y san carlos lanzaron la aplicacion "smart parking" el cual le mostrara a los conductores donde hay espacios disponibles para estacionarse en el centro de ambas ciudades. ---la aplicacion esta disponible para "i-phones" y "android". stop open roll open cesar ---el senador republicano por la florida, marco rubio, take vo ---dijo hoy que l quiere resolver la reforma migratoria por pequeÑas partes antes que se hable sobre una legalizacion para millones de indocumentados... ---el legislador agrego que en vez de una reforma integral, se deberian de aprobar varias leyes que ayuden a inversionistas extranjeros, trabajadores de alta tecnologia y trabajadores agricolas que fueron traidos a los estados unidos de forma ilegal cuando eran niÑos... blanca ---el presidente barack obama es la person
los domingos, para que de esta forma la ciudad recaude casi dos millones de dolares para cerrar su deficit presupuestal.. . top vo blanca ---encontrar un lugar para estacionarse podria ser mas facil en la peninsula gracias a una aplicacion disponible para telefonos inteligentes. ---las ciudades de san mateo y san carlos lanzaron la aplicacion "smart parking" el cual le mostrara a los conductores donde hay espacios disponibles para estacionarse en el centro de ambas ciudades. ---la...
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if you want to get rid of the deficit, no one cares. you have taxes across the board and cuts across the board. and nobody wants that. shut up. >> i actually do agree with bill. i think we worry about the spending. >> interest rates are low and it is a complete manipulation by the federal reserve. what will happen at some point is the debt will be down graded again and then all of your loans and all of your interest rates will go up and you won't have a pot to pea in. -- to pee in. >> now you have my mind thinking of people peaking in pots. what will happen is we will all be broken and we will all eat you. >> you think i am worried? hello, myan calendar december 21st. >> if that doesn't happen though i call the thigh. >> by the way this is the most intellectual debate we have had on taxes. >> how come you never have us on ? >> greg, would you come on? >> i have plans. sorry. i have my stair climber and i have my shows. why"the price is right" is on at 11:00. what time are you on? >> you are such a diva. >> he dvr's it and watch itself a
if you want to get rid of the deficit, no one cares. you have taxes across the board and cuts across the board. and nobody wants that. shut up. >> i actually do agree with bill. i think we worry about the spending. >> interest rates are low and it is a complete manipulation by the federal reserve. what will happen at some point is the debt will be down graded again and then all of your loans and all of your interest rates will go up and you won't have a pot to pea in. -- to pee in....
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los domingos, para que de esta forma la ciudad recaude casi dos millones de dolares para cerrar su deficit presupuestal.. . top vo blanca ---encontrar un lugar para estacionarse podria ser mas facil en la peninsula gracias a una aplicacion disponible para telefonos inteligentes. ---las ciudades de san mateo y san carlos lanzaron la aplicacion "smart parking" el cual le mostrara a los conductores donde hay espacios disponibles para estacionarse en el centro de ambas ciudades. ---la aplicacion esta disponible para "i-phones" y "android". cesar ---por lo menos una docena de legisladores de california habrian utilizado fondos publicos para efectuar reparaciones o mejoras a varios automoviles propiedad del estado.... take vo ---pero cuando los coches ya estaban en perfecto estado... decidieron comprarlos para uso personal... ---"prensa asociada" obtuvo archivos donde se especificaba el tipo de reparacion para cada vehiculo, que van desdecambio de neumaticos, inspecciones mecanicas y hasta cambios cosmeticos entre otros... ---california es el unico estado en la nacion que entrega coches oficiale
los domingos, para que de esta forma la ciudad recaude casi dos millones de dolares para cerrar su deficit presupuestal.. . top vo blanca ---encontrar un lugar para estacionarse podria ser mas facil en la peninsula gracias a una aplicacion disponible para telefonos inteligentes. ---las ciudades de san mateo y san carlos lanzaron la aplicacion "smart parking" el cual le mostrara a los conductores donde hay espacios disponibles para estacionarse en el centro de ambas ciudades. ---la...
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without adding a dime to the deficit, by the way. in fact, if done right, tax reform will increase revenues by spurring growth, job creation and therefore bigger tax receipts. tax reform is both a fiscal and competitive necessity for our country. it has been more than 25 years since we substantially reformed the tax code. twice as long, about 50 years since we did a bottom-up review of our international tax laws. the world has changed a lot in that time period and yet america has not kept up. the underlying assumptions in our tax code are frankly out of step with the complexities of today's global economy. this is especially evident in our corporate tax code. on the domestic side of our corporate tax code, the u.s. has become the highest tax rate country among all the developed countries in the world. so canada just lowered their rate from 16.5% to 15%. our rate is 39.2% when you combine the state and federal burden. federal burden 35%. state burden closer to 5%, 6%. so right now, the average among all the developed countries in the
without adding a dime to the deficit, by the way. in fact, if done right, tax reform will increase revenues by spurring growth, job creation and therefore bigger tax receipts. tax reform is both a fiscal and competitive necessity for our country. it has been more than 25 years since we substantially reformed the tax code. twice as long, about 50 years since we did a bottom-up review of our international tax laws. the world has changed a lot in that time period and yet america has not kept up....
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we need to do something about the deficit. going over the fiscal cliff is the best thing we're going to get out of washington in terms of serious production to the deficit. we will suffer, but we got ourselves into this. we're not going to get out without some pain. i think we are going to go over the cliff. >> let me quickly say i don't favor going over the cliff, but howe regard is right. if you're worried about the deficit, the easiest way is to go over the cliff. you have increases right away. >> yeah. >> can i ask you, though, how can you guarantee e that all the extra tax hikes and provisions actually go towards paying the national debt and not more spending and more programs? >> you can't guarantee that but you have a conservative republican congress. they are not going to vote for any spending increase. why not take advantage of that and make the initial cuts and let them go into a stalemate for awhile. that's a pretty big amount. my sges that provides the certainty. we go back to the clinton tax rates. and we make sig
we need to do something about the deficit. going over the fiscal cliff is the best thing we're going to get out of washington in terms of serious production to the deficit. we will suffer, but we got ourselves into this. we're not going to get out without some pain. i think we are going to go over the cliff. >> let me quickly say i don't favor going over the cliff, but howe regard is right. if you're worried about the deficit, the easiest way is to go over the cliff. you have increases...
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and well above the normal levels for all other locations around the bay area, we're not at a rainfall deficit now. and not likely to be soon. sheer look at radar satellite posit -- composite image. you can see the next storm not quite so strong as storms we saw over the weekend. it will be wet and i'll show where wet weather will arrive in just minutes. >> thank you very much. well, what a difference a day makes in vallejo. you're looking at roads around a mobile home park near fair grounds. residents evacuated as the water rose quickly. and could have used gondolas to get around. the water receded with only mud and debris to indicate this had been a flood plain. a good indication of the severity of the storm moved through. >> and there is a bit of a detour heading downtown. >> big section of roads in lafayette collapsed yesterday during the storm. abc 7 news explains restoring utilities is easy part. >> it's a huge hole in the middle of mountain view drive forced people to tryout new normal today. they now have a detour in morning routine. >> it's extraordinary. i know it's going to add anot
and well above the normal levels for all other locations around the bay area, we're not at a rainfall deficit now. and not likely to be soon. sheer look at radar satellite posit -- composite image. you can see the next storm not quite so strong as storms we saw over the weekend. it will be wet and i'll show where wet weather will arrive in just minutes. >> thank you very much. well, what a difference a day makes in vallejo. you're looking at roads around a mobile home park near fair...
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he said he could increase tax rates for upper income americans as part of a plan to cut the federal deficit. some are now looking for a way to save faces a they give in. >>> and they are planning for massive budget cuts as the fiscal cliff talks remain deadlocked. tens of thousands of jobs are on the line here in california. pam for months, pentagon leaders are insisting they are not preparing for major cuts but that's all changing under orders from the white house and they are starting to think about how they will face part of their budget. leon panetta said the cuts will be devastating to our national defense. experts predict, 1 in 5 in california will be lost. no now the arrow space reports -- now the arrow space reports 13 5,000 jobs will be lost along with 9,000 agency jobs for a total of 22 5,000 jobs lost in california over the next few years. the pentagon has said, the army would likely face the steepest cuts. reporting live, allison burns, ktvu channel 2 morning news. >>> golden gate bridge officials acknowledge yesterday's head-on collision could have been prevented. the crash bac
he said he could increase tax rates for upper income americans as part of a plan to cut the federal deficit. some are now looking for a way to save faces a they give in. >>> and they are planning for massive budget cuts as the fiscal cliff talks remain deadlocked. tens of thousands of jobs are on the line here in california. pam for months, pentagon leaders are insisting they are not preparing for major cuts but that's all changing under orders from the white house and they are...
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Nov 30, 2012
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they're raising state and local taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you could be pushed up against a deduction if you live in new york. if you live in new york and have high state and local taxes, if congress moves forward with a deduction cap, you could go right up to that cap. host: 24% of those were claiming the earned income tax credits. 13% climb in the child tax credit. these credits, you can use them simultaneously. guest: some of these are refundable which means you get money back even if your tax bill is zero. whenever the refundable not is -- whenever the refundable amount is, you get to take home. host: we will go to ray in atlanta, georgia. caller: how much will an individual or can an individual receives who has two children in a single-parent household? what is the maximum amount of money they receive back in the form of tax credits? once you look at that and if there at that dollar level, we're finding their children for free and reduced lunch and i assume adding some ad
they're raising state and local taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you could be pushed up against a deduction if you live in new york. if you live in new york and have high state and local taxes, if congress moves forward with a deduction cap, you could go right up to that cap. host: 24% of those were claiming the earned income tax credits. 13% climb in the child tax credit. these credits, you can use them simultaneously....